Leasing Vs. Financing
Lease vs. Finance: Compare the Pros and Cons of Each
At Suburban Cadillac of Troy, we are committed to helping you find the right payment plan to match your lifestyle and budget. Finding the best payment plan will depend on your lifestyle, budget, and preferences. Our team of finance experts can help you explore your options and find a lease or loan that you are satisfied with. We provide convenience at every opportunity, offering online resources and customer service.
Leasing Benefits
Choosing to lease one of our new Cadillac models is a smart way to keep your monthly payments low. The primary cost when leasing is the vehicle's deprecation, letting you avoid paying off the entire sticker price. Some of the benefits of leasing a new Cadillac model with us include:
- Drive off our lot with little to no money down
- Enjoy the latest features every two to three years
- Warranty coverage for most or all of your lease
- Avoid selling the vehicle and instead enjoy a straightforward lease return
Leasing Disadvantages
While leasing offers many benefits, there are some restrictions and disadvantages that are worth keeping in mind:
- Mileage restrictions
- End-of-term fees
- You don't own the vehicle
- You cannot modify the vehicle
- No resale value towards your next purchase
Financing Benefits
Financing one of our vehicles lets you enjoy long-term benefits. Consider some of the top benefits of financing to help you decide:
- Modify or change your financed vehicle in anyway
- Drive as much as you like without mileage restrictions
- Build equity if the value outpaces depreciation
- Sell your finance vehicle at anytime
- No monthly payments after paying off the loan
Financing Disadvantages
Financing isn't for everyone. Consider some of the disadvantages of financing:
- More expensive monthly payments
- Higher downpayment required
- Your vehicle may depreciate in value as you pay for it
Learn More
You can learn more and find the best match today by contacting our finance team.
How Can We Help?
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Suburban Cadillac of Troy
1810 Maplelawn Dr
Troy, MI 48084
- Sales: (248) 282-6059
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